TuneCore
| File:TunecoreLogo.jpg | |
| Private | |
| Industry | Music |
| Genre | Publishing |
| Founded | 2005 |
| Founder | Jeff Price, Gary Burke, Peter Wells |
| Headquarters | Main St., Brooklyn, United States |
|
Area served
|
Worldwide |
|
Key people
|
Jeff Price Peter Wells Gary Burke |
| Products | Online Delivery (Music) |
| Services | On-demand music distribution |
|
Number of employees
|
40 |
| Website | http://www.tunecore.com/ |
TuneCore is an online music distribution/record label service founded in 2005. TuneCore principally offers musicians and other rights-holders the opportunity to place their music into online retailers such as iTunes, AmazonMP3, Google Play Music, Xbox Music, Rhapsody, eMusic, and others for sale.
History and overview
TuneCore garnered media attention from ABC's World News Tonight,[1] The Daily Mirror[2] and pitchforkmedia.com.[3] TuneCore's first customer was Frank Black, lead singer of the Pixies.[4] In 2008, TuneCore was utilized by Nine Inch Nails to deliver the music from their album, Ghosts I–IV to the Amazon MP3 store.[5]
TuneCore is based in Brooklyn, New York. In December 2006, music instrument and equipment retailer Guitar Center bought a stake in TuneCore, giving the company access to the music retailer's customers. In the United States, TuneCore represents about 10 percent of the 20 million songs on iTunes, and it accounts for almost 4 percent of all digital sales.[6][7] Tunecore reportedly fired Jeff Price, a co-founder and then-CEO, after the company faced a "cash-flow" crisis in 2012. Price has sued Tunecore for severance compensation and has alleged that the company may have been insolvent, an accusation that the company appears to dispute.[8]
Tunecore was acquired by Believe Digital in April 2015.[9]
References
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- Official website
- TuneCore Downloads, Streams Grow 75%, Paid Out $34 Million in Q1, April 2014
- Digital Music Trends Interview with Scott Ackerman, President at Tunecore, SXSW 2014, March 2014
- TuneCore payouts top $371m since founding, up 19% in 2013, January 2014
- TuneCore Reports Milestone Earnings; $330 Million in Artist Payments Since Inception, October 2013
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